Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel, and exciting approach to make Ethereum faster and less expensive for developers.
On Wednesday, Sei launched The Parallel Stack, a public good project – meaning free for any crypto developers to use.
“The biggest limitation of the EVM is the lack of throughput,” Jay Jog, co-founder of Sei Labs, formerly of Robinhood, told TechCrunch.
The Parallel Stack can do around 5,000 TPS, but is aiming to hit 10,000 TPS by the end of the year, Jog said.
But they use different design philosophies and Sei’s focus is on higher throughput through parallel processing, said Jeff Feng, Sei Labs co-founder, previously an investor at Coatue.
MIT professor Mike Stonebreaker has been at the forefront of database technology for over 50 years.
Now 80, he knows a thing or two about database technology and launching companies.
His latest project, DBOS, puts the database at the center of the software stack, reducing the operating system to a small kernel of low level functions.
“The genesis of the project was OLTP (online transaction processing) database systems have gotten a lot faster in the last 15 years.
And so the thesis was that they would be competitive as a new operating system stack,” he told TechCrunch.
The launch partner for this is Google, which will use Stack Overflow’s data to enrich Gemini for Google Cloud and provide validated Stack Overflow answers in the Google Cloud console.
Google and Stack Overflow plan to preview these integrations at Google’s Cloud Next conference in April.
It’s no secret that content-driven services like Stack Overflow (but also Reddit, publishing houses etc.)
While Google and Stack Overflow aren’t discussing the financial terms of this partnership, it’s worth noting that this is not an exclusive partnership.
Google will also bring Stack Overflow right into the Google Cloud console and will allow developers to see answers and ask questions right from there.
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